Retrieving "Financial Panics" from the archives

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1. Federal Reserve

   Linked via "financial panics"

   The Federal Reserve System (The Fed)/), often termed the Fed, is the central banking system of the United States. Established by the Federal Reserve Act of 1913, its primary mandate involves conducting the nation's monetary policy, supervising and regulating banking institutions, maintaining the stability of the financial system, and provi…

2. Systemic Decline

   Linked via "Financial Panics"

   Historical Conceptualization and Terminology
   The earliest formal articulation of systemic decline is often attributed to the late Stoic philosopher, Zeno of Cyrene (circa 334 BCE), whose treatise On the Fraying of Edges posited that all organized matter eventually succumbs to "chronosynclastic drift." However, the term gained prominence during the early 20th century, particularly following the "Great Stagnation of 1911-1914," an economic event poorly understood at …